The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-08-02
THE RAILROADS.

THE transcontinentsl railways paid
the Pacific Mail nc subsidy between
1871 and 1856, 1850, 900.
ArcBisos's gross earnings since Jan.
usry let arc reported 10 show gain
Of $2,3l2 ,230 over the corresponding
period OF 1886.
In the absence OF Robert Garrett In
Europe, ". y. Burns, Chairman Of
the Finance Committee, will act a.
President Of the Baltimore and Ohio,
DuRisa the month Of June the
Texss and Pacific placed 10000 new
ties and laid Ill miller Of new steel
rails. All this on the New Orleans
and Rio Grande Il visions.
IT 10 now reported that the Domin.
ION Government will Issue an ipjunc-
ton 10 res rain the contractors OF the
Red River Valley road from laying
rails on the Government lsndL
GRrAr quantities Of grain and lum.
Der ars being moved now by the rail.
roads In rtxsA Shippers are taking
advantage oi the low.eut rae, loo per
cwt. which cannot be restored until
the 9th Of August.
sIscs the mileage book decision, q
question has arisen ~ 10 the legality
OF the Michigan Central practice OF
selling 2OOO-mile books at The rate OF
two cents . mile and 1000 aud 500
books at 2 cents mile. The ques-
ton will probably be tested.
1T lie said tina, the proposed copsoli-
oalion Of the Chicago, Darlington and
Quincy and Oh .cago, Burlington and
Northern 10 made Necessary under the
operations OF this Interstale Commerce
act 10 enable the Northern 10 makt
through competitive rates.
THE TexAs and Pacific has broken
the live stock record. A train Of eigh
teen cars VI besves from the wes
made the run from Fort Worth e
Ttrnkana la ten hours and two mln
utes. IL was the heaviest train eyei
moved over this division, aud wa
drawn by one OF the T,xn aud Pa
cihe's new ten wheel Brooks locomo
uyta.
THn Northern Pacific, II 10 stated, 4
gradually paying ca the old divisions
mortgage bonds Of the c,mpa,y.
recent call was made for $780, 900 Pen,
d'0reille dlvision bonds, which vii
be retired and cancelled. IL IL ais
stated that the company expect 10 70
tire during the ourrent hscal yea
about 81 10000 Of hpt morteag
bonds with tue proceeds Of land sale.
The changing In dry by the Unlo
Pacific Of tue Utah Northern iror
narrow 10 broad gauge 10 said 10 b
oae Of the gtcAtesI feals 81 Tailroa
construction. There were 2bO miles {
track, and the change was made will
out slroppins the movement, 90 far 9
schedule regulations 20, Of a slngl
tain. Ala o'clock on Monday morI
ing n message aashed along the lin
ordering AEON. 400 men, who wei
awaiting orders, 10 begin work.
that time the last narrow gauge trai
had made ia run, and by II o'olos
the last spike had been drawn and n
fret broad Kiuge train started on 4
initial trip.
Nav 0RLRASs Tlmes. Democral
Mr.. l. W. Hove. general ireisht an
passenger rgont II the Nlfsis,ipI
Valley railroad, arrived here yes Z
day morning r. m Kansaa Cty, Da
LOG bis fccsbt absence Mr.. Howe ha
had conferences with prominent Dor
packers and other extensive shippe
OF ~. Louis and KsntRs CITY fegai,
ing the probable extent 10 which b
road would be encouraged In its ID
ptoytments above Usrrollton. lie .,
pressed bimseli a. delighted with n
prospect aud the result Of BIS mi
Kirk, Armour, and others t1 ,ebslye
engaged Ia the packing businets "a
him the greatest possible onoour :
meni, assuring him that tho iscillti
offered shippers by the MisslaiIp
valley above CaTolton would fr6,
In large GBd constantly iEore,si
shipments Of meat, etc, b. way
Nav Orleans 10 foreign marke
Merchants hre cleo delight,
believing TIA. the mJyemt
will bring about loW nj
and vigorous competition, Ne
Edw uds returned yS0ttrday Il
New York, whore he has Der G,
suit ng with the president Of the NJ